The Abu Dhabi Securities Exchange has onboarded Thndr, the first remote retail trading member, providing access to the UAE’s $844bn capital market for MENA investors.
This integration enhances cross-border retail investment opportunities, signifying a milestone in digital transformation for the MENA region’s capital markets.
The Abu Dhabi Securities Exchange (ADX) has officially welcomed Thndr as its first remote retail trading member. This development broadens opportunities for investors across the MENA region to access the UAE’s $844 billion capital market.
Founded in Egypt in 2020, Thndr aims to democratize investment access. By collaborating with ADX, Thndr provides more than four million investors with direct access to the UAE’s capital markets through its digital platform.
Innovative Leap: First Digital Retail Access in GCC
The partnership marks a pioneering moment for digital-first cross-border retail access to a major exchange in the GCC. Industry stakeholders welcome this approach, anticipating increased participation from local and global investors.
The inclusion of Thndr as a remote trading member is seen as a leap for fintech innovation in the MENA region. It provides enhanced opportunities for retail investors, supporting digital transformation within traditional finance sectors.
Precedent Set for GCC Fintech Integration
Prior similar integrations have occurred in U.S. and European markets, yet this event sets a precedent in the GCC. It signals a growing trend toward democratizing investment access in regional financial markets.
According to expert analysts, the collaboration between ADX and Thndr could influence future digital securities trading in the region. By using historical trends, analysts predict a positive impact on fintech-driven investment participation. Ahmad Hammouda, CEO, Thndr, said,
“We’re proud to celebrate this milestone with the CEO of ADX, driven by a shared belief that retail investors deserve access to a grade-A investment service, whether through a seamless app experience or powerful content that makes investing simple and clear. This partnership gives our users the chance to invest in one of the region’s strongest-performing markets over the past five, 10, and 15 years, while also opening doors to exposure within MENA through Tabadul as well as beyond MENA.”
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